05:20 AM EDT, 03/24/2025 (MT Newswires) -- Quantasing Group ( QSG ) said Monday it has agreed to invest in Shenzhen Yiqi Culture, also known as Letsvan, marking Quantasing's ( QSG ) entry into the pop toys market and broader consumer goods industry. Letsvan will become a controlled unit of Quantasing ( QSG ) following the closing of the planned...

SYDNEY (Reuters) -China's Xiaomi Corp ( XIACF ) is raising up to $5.27 billion in a top-up placement on Monday, according to a term sheet seen by Reuters. The shares are being sold in a HK$52.80 to HK$54.60 price range, the term sheet said. The smartphone maker, which began manufacturing electric vehicles (EVs) last year, is selling 750 million Class...

March 24 (Reuters) - The U.S. National Highway Traffic Safety Administration said on Monday it has opened a probe into nearly 1.3 million Ford F-150 pickup trucks over reports of an unexpected gear downshift accompanied by a temporary rear wheel lock-up. ...

PARIS (Reuters) - Airbus and Boeing ( BA ) are preparing the aerospace industry for sharp increases in output of the next generation of workhorse jets to some 100 a month each, as they explore lighter plastic materials and robotic assembly, industry sources said. Facing weak supply chains and a potentially lengthy wait for future engine developments, the world's two...